US EditionEight-Year Extension of the Special Vat Rate for Accommodation
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The special VAT rate for the accommodation sector, currently 3.8%, will be extended for eight years. At the request of Parliament, the Federal Council opened a consultation on the matter on Wednesday. The deadline runs until November 18.
The Federal Council wants to maintain the lower VAT rate for accommodation establishments, but only until 2035. It wants to implement a mandate from the Parliament, which has demanded an extension without a time limit.
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